If only all our public servants were as devoted as Haruhiko Kuroda. The Bank of Japan governor remains committed to reaching his inflation-rate target of 2 percent, even though five years of unprecedented monetary stimulus haven’t gotten him close. Kuroda, undeterred, recently told Japan’s parliament that he now thinks he can attain his perennially elusive goal by 2019, and only then will the central bank consider an exit from its unorthodox policies. Kuroda deserves kudos for sheer perseverance. But it’s high time that he give up on this dream. Not only will he never reach his target — he doesn’t need to. No matter how fiercely Kuroda holds course, evidence is mounting that pushing the inflation rate up to 2 percent is a near-impossibility. The Bank of Japan’s assets have more than tripled over the past five years as it bought bonds on a huge scale in the hopes of suppressing long-term interest rates and boosting prices. The economy, running hot in recent quarters, has been facing serious constraints on capacity and labor. Read More @

RBA warns global markets too complacent; USD FOCUS.

Investors are underpricing the risk of higher interest rates globally and need to seek adequate compensation for that risk, Guy Debelle, deputy governor of the Reserve Bank of Australia said in a speech in Sydney on Friday. Policymakers have repeatedly warned about a sense of complacency in global markets with stock prices, in particular, hovering around record highs. However, market participants have failed to heed the advice with a gauge of volatility remaining near all-time lows even as US interest rates continue to rise. Read More @

New Trump Advisor Says Buy the Dollar — Not Gold Larry Kudlow has yet to start his new position as the White House’s chief economic advisor, but he’s already got plenty of feedback on the economy.  Larry Kudlow is set to make his way into the White House as the new chief economic advisor, replacing Gary Cohn, and he’s wasted no time in bringing his opinion on the US economy to the table. Shortly after the news was announced, Kudlow gave his thoughts on a variety of financial topics, including the US dollar, which he said he wants to see grow stronger. “A great country needs a strong currency, [Trump] knows that,” Kudlow said in an interview with CNBC. “I have no reason to believe that President Trump opposes a sound and stable dollar.” READ MORE @


USD prepares to move upwards; looks good for a nice breakout today.


  1. 6.45am – RBA message was clear dovish and warns the world.
  2. 3.00pm – German WPI – not important but we believe the data will be good. We continue to wait to BUY EUR when the price reaches 1.2250.
  3. 6.00pm – EURO Final CPI today that is going to give us volatility – we believe the data will be no change or better for the EUR.
  4. 8.30pm – Canada Foreign Securities Purchases and manufacturing data is expected to be good as the CAD have been cheap the last few months against the USD.
  5. 10.00pm – Prelim UoM Consumer sentiment & Inflation Exception we are expecting the data to be good. We maintain BUY USD today.

Overall the USD recovered from a massive sell-off 2 days ago with a huge GAP down @ USD INDEX – USD is back to 88.50 and now is eyeing the 90$ back again. Next Week FOMC will be in favor of the USD once again. Do observe 10/2 rule in Money Management at all times.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary



Leave a reply

Your email address will not be published. Required fields are marked *



We're not around right now. But you can send us an email and we'll get back to you, asap.


FINWAZE makes no representations or warranties, express or implied, in relation to this website ( or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2022 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?